Panasonic Energy India Company Ltd

Panasonic Energy India Company Ltd

₹ 407 1.09%
21 May 2:31 p.m.
About

Incorporated in 1972, Panasonic Energy India Company Ltd is in the business of manufacturing dry cell batteries[1]

Key Points

Business Overview:[1]
PEICL is a part of global Panasonic Corporation. It is a ISO 9001: 2015 & ISO 14001: 2015 certified manufacturer & supplier of dry cell batteries and lighting products including Metal Jacketed Dry battery, high performance pencil battery, Zinc-Chloride technology and eco friendly batteries in India

  • Market Cap 305 Cr.
  • Current Price 407
  • High / Low 587 / 325
  • Stock P/E 25.9
  • Book Value 144
  • Dividend Yield 2.17 %
  • ROCE 16.8 %
  • ROE 11.2 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 39.0%

Cons

  • Stock is trading at 2.83 times its book value
  • The company has delivered a poor sales growth of 5.69% over past five years.
  • Company has a low return on equity of 6.51% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Dry cells Industry: Dry Cells

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
59.21 60.50 66.16 65.80 60.83 76.81 68.36 74.74 72.51 62.98 68.64 73.38 63.41
61.32 57.89 65.67 67.66 68.58 73.14 63.49 68.30 71.20 57.64 63.17 68.84 60.34
Operating Profit -2.11 2.61 0.49 -1.86 -7.75 3.67 4.87 6.44 1.31 5.34 5.47 4.54 3.07
OPM % -3.56% 4.31% 0.74% -2.83% -12.74% 4.78% 7.12% 8.62% 1.81% 8.48% 7.97% 6.19% 4.84%
1.03 0.83 -6.53 0.45 1.00 0.67 0.74 0.69 0.96 1.20 0.86 0.93 0.82
Interest 0.07 0.07 0.06 0.04 0.02 0.07 0.02 0.02 0.03 0.03 0.03 0.06 0.04
Depreciation 0.77 0.74 0.76 0.73 0.93 0.81 0.96 0.95 1.01 0.87 0.93 1.18 1.40
Profit before tax -1.92 2.63 -6.86 -2.18 -7.70 3.46 4.63 6.16 1.23 5.64 5.37 4.23 2.45
Tax % -33.33% 26.24% -25.22% -27.52% -24.03% 25.14% 25.27% 26.62% 13.01% 26.42% 24.95% 43.03% 52.24%
-1.28 1.93 -5.14 -1.58 -5.84 2.59 3.46 4.52 1.07 4.14 4.04 2.42 1.17
EPS in Rs -1.71 2.57 -6.85 -2.11 -7.79 3.45 4.61 6.03 1.43 5.52 5.39 3.23 1.56
Raw PDF
Upcoming result date: today

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
225 238 241 208 206 207 204 232 242 253 292 268
210 214 218 200 193 202 198 218 229 259 276 250
Operating Profit 14 24 23 8 12 5 5 14 13 -6 17 18
OPM % 6% 10% 10% 4% 6% 2% 3% 6% 5% -2% 6% 7%
2 5 4 4 4 4 3 3 3 -4 3 4
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 3 2 2 2 2 3 3 3 3 3 4 4
Profit before tax 13 27 25 10 14 6 5 14 13 -14 15 18
Tax % 41% 34% 34% 37% 28% 21% 39% 26% 25% -25% 25% 33%
7 18 17 6 10 5 3 10 9 -11 12 12
EPS in Rs 9.91 23.79 22.04 8.36 13.07 6.15 4.20 13.76 12.52 -14.19 15.52 15.69
Dividend Payout % 35% 29% 32% 66% 54% 65% 95% 58% 60% 0% 57% 60%
Compounded Sales Growth
10 Years: 1%
5 Years: 6%
3 Years: 4%
TTM: -8%
Compounded Profit Growth
10 Years: -4%
5 Years: 29%
3 Years: 8%
TTM: 1%
Stock Price CAGR
10 Years: 4%
5 Years: 27%
3 Years: 14%
1 Year: -23%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 7%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 65 77 87 90 95 93 92 99 101 84 95 100
0 0 0 0 0 0 3 2 2 1 1 1
33 43 38 34 31 26 29 31 32 42 40 38
Total Liabilities 106 127 133 132 133 127 131 139 142 135 144 148
16 14 19 17 19 16 22 24 23 24 23 23
CWIP 0 5 0 1 0 5 0 0 2 0 1 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0
90 108 114 114 114 105 108 116 117 111 119 123
Total Assets 106 127 133 132 133 127 131 139 142 135 144 148

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
10 20 2 33 -2 8 -2 20 -7 -8 27
1 -3 -3 -19 5 10 -10 -11 15 10 -29
-2 -3 -6 -6 -5 -6 -4 -4 -7 -6 -1
Net Cash Flow 9 14 -7 8 -1 12 -17 4 2 -5 -3

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 43 43 55 14 9 5 8 9 9 14 9 9
Inventory Days 61 62 71 91 92 90 113 76 99 96 54 94
Days Payable 14 12 18 29 28 25 26 37 30 34 24 35
Cash Conversion Cycle 90 94 108 76 73 70 95 47 78 76 40 68
Working Capital Days 58 43 58 25 39 31 40 20 43 66 67 86
ROCE % 18% 33% 28% 11% 14% 6% 6% 14% 11% -7% 16% 17%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
58.06% 58.06% 58.06% 58.06% 58.06% 58.06% 58.06% 58.06% 58.06% 58.06% 58.06% 58.06%
41.94% 41.94% 41.94% 41.94% 41.94% 41.95% 41.93% 41.94% 41.94% 41.94% 41.94% 41.95%
No. of Shareholders 11,65511,71011,51711,26311,21611,86911,51312,00312,63312,85812,91413,077

Documents